Cheap Apartments for Rent in Okaloosa County, FL from $586 (96 Rentals)

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Search the lowest-cost Apartments available for rent right now in Okaloosa County.

property at 587 Florosa Ct

$1,100

2 Bedroom, 2 Bath Home for Rent

Available Now

587 Florosa Ct

Mary EstherFL32569

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 102 Chicago Ave SE

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

102 Chicago Ave SE

Fort Walton BeachFL32548
property at 201 Taylor St

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

201 Taylor St

Fort Walton BeachFL32547

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 575 Florosa Ct

$1,250

2 Bedroom, 2 Bath Home for Rent

Available Now

575 Florosa Ct

Mary EstherFL32569
property at 207 Fourth St SE

$1,250 - $1,450

Studio To 1 Bedroom Rentals

Available Now

207 Fourth St SE

Fort Walton BeachFL32548

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 27 Kelly Ave NE

$1,250

2 Bedroom Rentals

Available Now

27 Kelly Ave NE

Fort Walton BeachFL32548
property at 198 E 1st Ave

$1,350

2 Bedroom Rentals

Available Now

198 E 1st Ave

CrestviewFL32536

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Waters At Redstone
$1,409 - $2,339
Total Monthly Price

Total Monthly Price

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$1,409 - $2,339
Total Monthly Price
$1,409 - $2,339
1 to 3 Bedroom Apartments Available Now

The Waters At Redstone

301 E Redstone AveCrestview, FL 32539
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cheapest Available Okaloosa County Apartments for Rent

 

The cheapest available apartment rental in Okaloosa County, FL is a 1 Bed unit found at Holly Sands in the Sylvania Heights neighborhood priced from $1,055. Spring Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,190. Here is today’s list of the most affordable Okaloosa County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Holly SandsOne Bedroom One Bath Apartment1BR,1BA$1,055
Spring Creek ApartmentsA11BR,1BA$1,190
The LyleA11BR,1BA$1,199
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1BA$1,200
Bel Aire TerraceThe Venice1BR,1BA$1,200
Bradford Place ApartmentsMain2BR,2BA$1,225
MER-Teresa Village Apartments2BD/ 1 BA2BR,1BA$1,225
Falcon HouseA11BR,1BA$1,245
Oakmont Village1br1BR,1BA$1,250

Best Value Apartments for Rent in Okaloosa County, FL

As of August 31, 2026 the best value apartment in the Okaloosa County area is the $1.14 price per square foot Main Model at Grande View Townhomes in the in the Sylvania Heights neighborhood starting from $2,000. The second greatest value Okaloosa County apartment is the 2x1.5 1300 - NO AVAILABILITY Model at Merrimac Manor Apartments starting at $1,200 with a $0.92 price per square foot in the Sylvania Heights neighborhood. Here is today’s list of the best values for Okaloosa County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grande View TownhomesMain3BR,2.5BA$1.14
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1.5BA$0.92
ADDISON PLACE3 Bed 2 Bath3BR,2BA$1.00
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.22
The CordeliaB1.1.5T2BR,1.5BA$1.32
46 5th Ave, Unit 46 A46 5th Ave2BR,1BA$1.25
25 6th St, Unit Unit B25 6th St2BR,1BA$1.29
Bradford Place ApartmentsMain2BR,2BA$1.32
Princeton Grove2/2 Bedroom2BR,2BA$0.65

Frequently Asked Questions about Cheap Okaloosa County Apartments

What is the Cheapest Studio apartment in Okaloosa County?

Currently the most affordable Cheap Studio Apartment in Okaloosa County is at The Preserve at Henderson Beach listed at $1,462.

How much is rent for a Cheap One Bedroom Okaloosa County Apartment?

The lowest price for a Cheap One Bedroom Okaloosa County Apartment is $1,055 at Holly Sands.

What is the lowest price for a Cheap Two Bedroom Okaloosa County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Okaloosa County is starting from $586 at Princeton Grove.

What is the most affordable Okaloosa County Three Bedroom Apartment?

The best deal on a cheap Okaloosa County Three Bedroom Apartment rental is at ADDISON PLACE and starts from $1,299.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.